Swift attention, early intervention, and creative solutions can make the difference when a loan begins to make the transition from “asset” to “special asset.” Bryan Cave’s restructuring and workout specialists have the experience necessary to provide clients with practical solutions from the moment a loan first begins to show signs of trouble. Whether we represent a borrower or a lender, we analyze the strengths and weaknesses of the parties’ respective legal and financial positions. The cost and complexity of Chapter 11 make out-of-court solutions preferable in many situations, but we also evaluate whether recalcitrant creditors or particular provisions of the Bankruptcy Code may make an in-court restructuring more appropriate.
For those matters best handled outside of court, we call upon our experience in corporate transactions, commercial finance and real estate to enable us to understand the intricacies of distressed situations, to develop comprehensive strategies for the resolution of our clients’ problems and to implement the legal aspects of a workout. We also work closely with the tax specialists in our firm, when appropriate, to address the tax implications of a restructuring.